Charmhaven vs West Wallsend
Property investment comparison - Charmhaven, NSW 2263 vs West Wallsend, NSW 2286
Head-to-head across core investment metrics: Charmhaven wins 2, West Wallsend wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Charmhaven | West Wallsend |
|---|---|---|
| Median house price | $850K | $850K |
| Median unit price | - | $600K |
| Gross rental yield (houses) | 3.90% | 4.30% |
| Gross rental yield (units) | 4.20% | 2.97% |
| 1-year house growth | +9.6% | +4.6%estimate |
| 3-year house growth | +23.5% | - |
| Vacancy rate | 2.9% | 1.5% |
| Population | 2,501 | 2,981 |
Charmhaven vs West Wallsend: what the numbers say
Houses cost about the same in both suburbs: the median house price is $850K in Charmhaven and $850K in West Wallsend.
On cash flow, West Wallsend leads: houses there return a gross rental yield of 4.30%, compared with 3.90% in Charmhaven, a gap of 0.40 percentage points.
Over the past year house prices moved +9.6% in Charmhaven and +4.6% in West Wallsend (an estimate), so recent momentum favours Charmhaven, although both suburbs recorded growth.
Rental vacancy is 1.5% in West Wallsend and 2.9% in Charmhaven, so landlords in West Wallsend face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
West Wallsend is the bigger suburb, with a population of 2,981 against 2,501, larger than Charmhaven; a larger suburb usually means a deeper pool of buyers and tenants.
In short: West Wallsend for rental income, Charmhaven for recent price momentum, West Wallsend for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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